North American Data Backup and Recovery Market Size, Share & Trends Analysis Report by Deployment Type (On-Premises and Cloud-Based) and by Application (Media Storage, Email Storage, and Application Storage) and Forecast, 2019-2025.
The North American data backup and recovery market is estimated to grow significantly at a CAGR of 10.6% during the forecast period. North America is a significantly growing region in terms of the adoption of backup and recovery solutions. Due to the presence of an abundance of data, there is increasing demand for the data backup and recovery software to protect and store the data on a routine basis. Along with this, there is a significant rise in the number of internet users in the North America region; increasing use creates the requirement for the data storage, backup and recovery platforms in the market. According to the ITU, the UN specialized agency for ICTs estimates that at the end of 2018, 51.2 % of the global population, or 3.9 billion people will be using the internet.
The North American market for data backup and recovery is analyzed based on countries such as the US and Canada. The US is the leading market in North America, as the well-established economy of the country laid the ground for the growth of the cloud infrastructure services market. A significant contribution from of the global players such as Microsoft Corp., Dell Inc., IBM Crop. Oracle Corp., and Amazon Web Services, Inc. in the US, is another factor that propels the market growth. These players are majorly working on the development of enhanced data backup and recovery systems; this contributes to increasing the market share of the region.
The companies which are contributing to the growth of the North American data backup and recovery market include Amazon Web Services, Inc., IBM Corp., Oracle Corp., Hewlett Packard Enterprise Co., and Microsoft Corp. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in July 2019, Amazon Web Services, Inc. announced the expansion of Transparency, its product serialization service, to France, Germany, Italy, Spain, UK, India, and Canada. Transparency is a product serialization service that provides a unique code for every unit that is manufactured. More than 4,000 brands are enrolled in Transparency in the US, ranging from start-ups to Fortune 500 companies.
Research Methodology:
The market study of the North American data backup and recovery market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.
Market Segmentation:
1. North American Data Backup and Recovery Market Research and Analysis by Deployment Type
2. North American Data Backup and Recovery Market Research and Analysis by Application
The Report Covers:
The North American data backup and recovery market is estimated to grow significantly at a CAGR of 10.6% during the forecast period. North America is a significantly growing region in terms of the adoption of backup and recovery solutions. Due to the presence of an abundance of data, there is increasing demand for the data backup and recovery software to protect and store the data on a routine basis. Along with this, there is a significant rise in the number of internet users in the North America region; increasing use creates the requirement for the data storage, backup and recovery platforms in the market. According to the ITU, the UN specialized agency for ICTs estimates that at the end of 2018, 51.2 % of the global population, or 3.9 billion people will be using the internet.
The North American market for data backup and recovery is analyzed based on countries such as the US and Canada. The US is the leading market in North America, as the well-established economy of the country laid the ground for the growth of the cloud infrastructure services market. A significant contribution from of the global players such as Microsoft Corp., Dell Inc., IBM Crop. Oracle Corp., and Amazon Web Services, Inc. in the US, is another factor that propels the market growth. These players are majorly working on the development of enhanced data backup and recovery systems; this contributes to increasing the market share of the region.
The companies which are contributing to the growth of the North American data backup and recovery market include Amazon Web Services, Inc., IBM Corp., Oracle Corp., Hewlett Packard Enterprise Co., and Microsoft Corp. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in July 2019, Amazon Web Services, Inc. announced the expansion of Transparency, its product serialization service, to France, Germany, Italy, Spain, UK, India, and Canada. Transparency is a product serialization service that provides a unique code for every unit that is manufactured. More than 4,000 brands are enrolled in Transparency in the US, ranging from start-ups to Fortune 500 companies.
Research Methodology:
The market study of the North American data backup and recovery market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.
Market Segmentation:
1. North American Data Backup and Recovery Market Research and Analysis by Deployment Type
2. North American Data Backup and Recovery Market Research and Analysis by Application
The Report Covers:
- Comprehensive Research Methodology of the North American data backup and recovery market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American data backup and recovery market.
- Insights about market determinants which are stimulating the North American data backup and recovery market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Actifio Inc.
- Amazon Web Services, Inc.
- Asigra Inc.
- Barracuda Inc.
- Broadcom Inc.
- Carbonite, Inc.
- Commvault Systems Inc.
- Dell, Inc.
- FalconStor Software Inc.
- Hewlett Packard Enterprise Co.
- IBM Corp.
- Microsoft Corp.
- NetApp Inc.
- Oracle Corp.
- Seagate Technology LLC
- Unitrends
- Veritas Technologies, LLC
